Nigeria
Nigeria: Central Bank Governor Urges Collaboration to Tackle Inflationary Pressures
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has emphasized the necessity for fiscal authorities to address emerging sources of ...
Nigeria
Nigeria: Court Directs FCT Revenue Agency to Seal Off Non-Compliant Companies
In a recent development, a Magistrate Court situated in Wuse Zone 2, Abuja, has issued an order for the Federal Capital Territory Internal ...
Nigeria
Nigeria: Insurance NGO Urges Urgent Regulatory Reforms from New NAICOM Management
Transparent Protection Ltd/Gte, an insurance Non-Governmental Organisation (NGO), has called on the new management of the National Insurance Commission (NAICOM) to expedite regulatory ...
Nigeria
Nigerian Logistics Startup Renda Raises $1.9 Million in Pre-Seed Funding Round
Renda, a Nigerian logistics startup, has secured $1.9 million in a pre-seed funding round aimed at expanding its end-to-end fulfilment solutions throughout Africa. ...
South Africa
South Africa to Tighten Cryptocurrency Regulations with New ‘Travel Rule’
Sumsub urges South African firms involved in crypto transactions to seriously consider Travel Rule requirements Cryptocurrency services may soon find themselves facing increased ...
Namibia
Namibia Embraces India’s UPI Technology for Instant Payments System
The Bank of Namibia has enlisted the expertise of NPCI International Payments to aid in the development of an instant payments system inspired ...
Nigeria
Nigeria: Active Mobile Subscriptions Decline by 5.4 Million Due to NIN-SIM Linkage
Data from the Nigerian Communications Commission (NCC) has revealed a decrease in total active mobile subscriptions in the country, with a dip of ...
News
Nigeria: FGN Bonds Yield Dips to 18.92% Ahead of May Auction
The benchmark yield on Federal Government of Nigeria (FGN) bonds experienced a slight decline due to increased buying momentum in the secondary market. ...
Nigeria
Nigeria: FIRS Mandates Banks to Impose 0.375% Stamp Duty on Mortgage-Backed Loans
Deposit money banks (DMBs) in Nigeria have received a directive from the Federal Inland Revenue Service (FIRS) to implement a 0.375% stamp duty ...
Nigeria
Nigeria: CBN Deputy Governor Warns Against Aggressive Interest Rate Cuts
Philip Ikeazor, the Deputy Governor of the Financial System Stability Directorate at the Central Bank of Nigeria (CBN), cautioned against consecutive aggressive interest ...